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Speculation of a bid battle for Cadbury between Kraft Foods and other rivals who are considering making takeover offers lifted shares in the British confectioner to a new high, analysts said Full Article | Full Coverage
Citadel Investment Group's flagship hedge funds are up nearly 60 percent this year, according to people familiar with the matter. Full Article | Full Coverage
Hedge fund investors stuck in products with illiquid assets are increasingly seeing interest in their stakes from specialist private equity or other buyers as markets recover, according to broker Tullett Prebon. Full Article | Full Coverage